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421 S Highway 377
4,983 SF of Retail Space Available in Argyle, TX 76226
Highlights
- Call for pricing
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,983 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Call for pricing AVAILABLE SF: 4,983 SF BUILDING SIZE: 4,983 SF
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 421 S Highway 377 , Argyle, TX 76226
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Restaurant | Parking Ratio | 4.21/1,000 SF |
| Gross Leasable Area | 4,983 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,983 SF |
| Year Built | 2004 |
| Parking Ratio | 4.21/1,000 SF |
About the Property
The subject property is located just north of the intersection of US 377 and FM 407 in Argyle, TX with approximately 115 feet of frontage on US 377. The town of Argyle boasts excellent demographics with currently limited restaurant opportunities. The property benefits from a cross parking agreement with the neighboring office building and dedicated access off of US 377. There is also a multiple parcel cross access agreement which allows for access from FM 407 where CVS is located at the hard corner. The Waterbrook and Canyon Falls residential developments are located nearby along US 377 and the property is just under 2 miles from I-35W and the Harvest and Pecan Square developments. Additionally, the Furst Ranch project is set to kick off their initial development of over 1,000 acres in the immediate future less than 2 miles south of the subject property.
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Brad Tyndall -
Nathan Tune -
SVN VERUS Commercial
Presented by
421 S Highway 377
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